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Old 04-19-2006, 09:18 AM
jar jar is offline
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Join Date: May 2004
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Default Re: FDIC insured?

As Dazarath said, leaving $100 million in bank accounts is like lighting money on fire. The $100 million would probably be invested across a variety of financial instruments. Even if you wanted to keep that $100 million in cash equivalents, if a money fund at a big fund house like Fidelity or Vanguard lost value, it'd mean the economy was truly screwed anyway.
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